CTI: Explanation for business result in Quarter 2/2014
CuongThuan Investment Corporation explained the difference in profit after tax between Quarter 2/2014 and Quarter 2/2013 as follows:
By: VND
Quarter 2/2013 Quarter 2/2012 Increase/ decrease Reason Financial Statement of parent company 9,392,075,574 4,335,310,885 +116.6% Revenue from constructing increased and interest expense decreased, leading to profit after tax increased 116.6% Consolidated Financial Statement 1,417,871,743 576,138,339 +146.1% Revenue of parent company and subsidiaries from constructing increased leading to profit after tax increased 116.6%
Quarter 2/2013
Quarter 2/2012
Increase/ decrease
Reason
Financial Statement of parent company
9,392,075,574
4,335,310,885
+116.6%
Revenue from constructing increased and interest expense decreased, leading to profit after tax increased 116.6%
Consolidated Financial Statement
1,417,871,743
576,138,339
+146.1%
Revenue of parent company and subsidiaries from constructing increased leading to profit after tax increased 116.6%
HOSE
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> CTN: Reviewed financial statement 2014 (18/08/2014)
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> ADC: Reviewed financial statement 2014 (18/08/2014)